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MADUT

Active
Private limited companyfounded 20224 yrs activeSteenweg op Waver 725, 1040 Etterbeek, BelgiumKBO/BCE: BE 0788.757.280

MADUT has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45k and a net result of €12k. Equity is growing by ~18.5% per year across the filed fiscal years. Its solvency ranks better than 64% of 12708 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
80 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▲+45
Solvency95▲+5
Growth52=
Track record94
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 3.32 against 2.84 in 2024; short-term debt: 30.1% and cash: 22.2% of total assets), and 30.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
69.9%
Return on assets
18.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-02-2026, 178 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
178 d early
2024
16 d early
2023
30 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€45k▲ 36.0%
2024 · €33k
2023: €33k 2024: €33k
2023 → 2025
Total assets
€64k▲ 26.1%
2024 · €51k
2023: €57k 2024: €51k
2023 → 2025
Net result
€12k▲ 3,779%
2024 · €306
2023: €32k 2024: €306
2023 → 2025
Working capital
€45k▲ 36.0%
2024 · €33k
2023: €33k 2024: €33k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202320242025Trend
Equity€33k-€33k▲ 0.9%€45k▲ 36.0%
Operating result€43k-€4k▼ 90.0%€17k▲ 306%
Net result€32k-€306▼ 99.0%€12k▲ 3,779%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40kOperating result 2023: €43k€43kNet result 2023: €32k€32kOperating result 2024: €4k€4kNet result 2024: €306€306Operating result 2025: €17k€17kNet result 2025: €12k€12k202320242025
The operating result recovers in 2025; 2025 is 306% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €64k
Equity €45k▲ 36.0%
Debt €19k▲ 7.8%
The debt ratio falls from 35.2% to 30.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Solvency
69.9%
2024 · 64.8%
Current ratio
3.32
2024 · 2.84
Quick ratio
3.32
2024 · 2.84
Debt / equity
0.43
2024 · 0.54
ROE
26.5%
2024 · 0.9%
ROA
18.5%
2024 · 0.6%
Debt
€19k
2024 · €18k
Debt ≤ 1 year
€19k
2024 · €18k
Income taxes
€6k
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€51k€64k
Current assets29/58€51k€64k
Amounts receivable within one year40/41€6k€5k
Trade receivables40€0-
Other amounts receivable41€6k€5k
Current investments50/53€7k€45k
Cash at bank and in hand54/58€37k€14k
Deferred charges and accrued income490/1€1k€0
Equity and liabilities
Total equity and liabilities10/49€51k€64k
Equity10/15€33k€45k
Contributions10/11€1k€1k=
Reserves13€32k€44k
Distributable reserves133€32k€44k
Amounts payable17/49€18k€19k
Amounts payable within one year42/48€18k€19k
Trade debts44€7k€7k
Suppliers440/4€7k€7k
Taxes, remuneration and social security45€11k€12k
Taxes450/3€11k€12k
Other amounts payable47/48€0-
Income statement Code20242025
Other operating charges640/8€387€400
Gross operating margin9900€5k€18k
Operating profit (loss)9901€4k€17k
Financial income75/76B€132€1k
Recurring financial income75€132€1k
Financial charges65/66B€497€358
Recurring financial charges65€497€358
Profit (loss) for the period before taxes9903€4k€18k
Income taxes67/77€4k€6k
Profit (loss) for the period9904€306€12k
Profit (loss) for the period to be appropriated9905€306€12k
Appropriation of the result
Profit (loss) to be appropriated9906€306€12k
Transfer to equity691/2€306€12k
To other reserves6921€306€12k

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
03-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
15-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €306 ▼99%
Net result drops to €306, the lowest in the series; recovery starts the following year.
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Etterbeek · 1 establishment unit since 2022
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Steenweg op Waver 7251040 Etterbeek
Ground area
168 m²
Building footprint
110 m²
Volume, LiDAR
1,308 m³
Parcel 21363B0373/00D003, Brussels · tallest building 17.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
MADUT
Steenweg op Waver 725, 1040 EtterbeekActivities of lawyers
since 20222.334.562.148
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21363B0373/00D003 Brussels 168 m² 1 · 110 m² 17.4 m · 5 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 22,058 companies in sector 69101 we hold annual accounts for 9,052. 7,144 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded19-07-2022
Fiscal year end31-12
Activities, NACEBEL
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.